Archive for December, 2007

Court orders Holocaust art returned

Sunday, December 30th, 2007

A U.S. district court ordered a German baroness to turn a painting over to the estate of a Holocaust survivor.
U.S. District Judge Mary Lisi said in her ruling that Max Stern did not voluntarily sell the painting “Girl from the Sabiner Mountains,” by 19th-century artist Franz Xaver Winterhalter, in 1937.
Rather, Stern was forced by the […]

Oi Wins Auction for 2G Licenses

Sunday, December 30th, 2007

Brazilian mobile operator Oi picked up two 2G spectrum licenses for localities in São Paulo state on Thursday in the repeat of an auction originally held in September, telecoms regulator Anatel said.
Oi paid 112mn reais (US$63.5mn) for the two licenses, surpassing the minimum asking price of 43.5mn reais by 156%.
Oi paid 110mn reais for lot […]

India CCI head favours spectrum auction

Sunday, December 30th, 2007

GSM mobile operators have found support from the Competition Commission of India which said that competitive bidding was the right method of allocating the scarce spectrum to telecom services provider.
“In India, competitive bidding is used in case of oil and gas blocks, coal blocks and concessions for development of highways and airports and other […]

Star Trek Fan Sues Christies

Sunday, December 30th, 2007

Christie’s auction house is being sued after a fan claims he was sold a dud Star Trek item which the actor who played android Data, Brent Spiner, later said was not the real item.
Ted Moustakis from New Jersey paid $6000 for a poker visor at a Christie’s auction, which Data the android, was meant to […]

Bonhams Books & Manuscripts 2007

Sunday, December 30th, 2007

In 2007 Bonham’s Books & Manuscripts sales, a first edition, presentation copy of John Steinbeck’s 1939 masterpiece The Grapes of Wrath brought $47,800, setting a new at-auction world record.
In October, Sir Isaac Newton’s Optikcks; or, a Treatise of the Reflexions, Refractions, Inflexions and Colours of Light set a luminous world auction record at $90,000.
The department’s […]